Cantor Fitzgerald reiterated their buy rating on shares of Amazon.com Inc. (NASDAQ:AMZN) in a report issued on Wednesday. The brokerage currently has a $1,000.00 price target on the e-commerce giant’s stock, up from their prior price target of $835.00.

Other equities analysts have also recently issued research reports about the company. JMP Securities reissued a buy rating and issued a $775.00 price objective on shares of Amazon.com in a report on Saturday, July 9th. Deutsche Bank AG reissued a buy rating and issued a $900.00 price objective on shares of Amazon.com in a report on Sunday, July 10th. Bank of America Corp. reissued a buy rating and issued a $840.00 price objective on shares of Amazon.com in a report on Sunday, July 17th. RBC Capital Markets set a $840.00 price objective on Amazon.com and gave the company a buy rating in a report on Friday, July 29th. Finally, Vetr raised Amazon.com from a hold rating to a buy rating and set a $744.13 price objective for the company in a report on Monday, June 20th. Five research analysts have rated the stock with a hold rating, forty-six have issued a buy rating and one has issued a strong buy rating to the company’s stock. Amazon.com currently has an average rating of Buy and a consensus target price of $897.87.

Amazon.com (NASDAQ:AMZN) opened at 822.96 on Wednesday. Amazon.com has a 52 week low of $474.00 and a 52 week high of $847.21. The company has a market capitalization of $390.14 billion, a price-to-earnings ratio of 204.67 and a beta of 1.19. The company’s 50-day moving average price is $800.02 and its 200-day moving average price is $726.41.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings data on Thursday, July 28th. The e-commerce giant reported $1.78 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.11 by $0.67. The business earned $30.40 billion during the quarter, compared to analysts’ expectations of $29.54 billion. Amazon.com had a return on equity of 13.52% and a net margin of 1.60%. The company’s revenue for the quarter was up 31.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.19 EPS. Equities analysts forecast that Amazon.com will post $5.85 earnings per share for the current fiscal year.

In other Amazon.com news, CEO Andrew R. Jassy sold 14,000 shares of the business’s stock in a transaction on Thursday, September 22nd. The shares were sold at an average price of $800.00, for a total value of $11,200,000.00. Following the transaction, the chief executive officer now owns 68,141 shares in the company, valued at approximately $54,512,800. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, VP Shelley Reynolds sold 625 shares of the business’s stock in a transaction on Monday, August 15th. The stock was sold at an average price of $770.10, for a total transaction of $481,312.50. Following the completion of the transaction, the vice president now owns 6,519 shares in the company, valued at approximately $5,020,281.90. The disclosure for this sale can be found here. Corporate insiders own 17.70% of the company’s stock.

A number of institutional investors have recently modified their holdings of AMZN. Middleton & Co Inc MA raised its position in shares of Amazon.com by 7.2% in the first quarter. Middleton & Co Inc MA now owns 21,474 shares of the e-commerce giant’s stock worth $12,748,000 after buying an additional 1,436 shares in the last quarter. Bowling Portfolio Management LLC raised its position in shares of Amazon.com by 66.0% in the first quarter. Bowling Portfolio Management LLC now owns 6,417 shares of the e-commerce giant’s stock worth $3,809,000 after buying an additional 2,552 shares in the last quarter. Pacad Investment Ltd. raised its position in shares of Amazon.com by 15.2% in the first quarter. Pacad Investment Ltd. now owns 35,900 shares of the e-commerce giant’s stock worth $21,312,000 after buying an additional 4,736 shares in the last quarter. WASHINGTON TRUST Co raised its position in shares of Amazon.com by 5.6% in the first quarter. WASHINGTON TRUST Co now owns 45,202 shares of the e-commerce giant’s stock worth $26,834,000 after buying an additional 2,397 shares in the last quarter. Finally, First Long Island Investors LLC raised its position in shares of Amazon.com by 1.2% in the first quarter. First Long Island Investors LLC now owns 31,367 shares of the e-commerce giant’s stock worth $18,621,000 after buying an additional 371 shares in the last quarter. Hedge funds and other institutional investors own 65.47% of the company’s stock.